December 22, 2011 7:42 PM | 1 min read |
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Direxion Daily Semiconductor Bear 3X Shares (NYSEARCA: SOXS) lost 10.33% on Thursday, and it closed at $55.82. In the semiconductor space, Advanced Micro Devices, Inc. (NYSE: AMD) gained 7.28%, and NVIDIA Corporation (NASDAQ: NVDA) jumped 4.26%.Direxion Daily Financial Bear 3X Shares(ETF) (NYSEARCA: FAZ) slipped 5.45% as Citigroup Inc. (NYSE: C) spiked 5.94%, and Bank of America Corp (NYSE: BAC) added 4.59%.Direxion Daily Real Estate Bear 3X (ETF) (NYSEARCA: DRV) fell 3.99%, and in the real estate space, Brookfield Office Properties Inc. (NYSE: BPO) gained 2.49%.Direxion Daily Emerging Markets Bear 3x Shares(ETF) (NYSEARCA: EDZ) traded 3.96% lower on Thursday, and it closed at $19.18. Itau Unibanco Holding SA (ADR) (NYSE: ITUB) is a component of the MSCI Emerging Markets Index, and it gained 2.58% in today's trading session.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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